U.S. Movers: Dave & Buster’s Entertainment, Greenbrier, Levi Strauss

Scott Peters
08 Apr, 2025
New York City

Levi Strauss & Co. surged 7.4% to $14.50 after the apparel and jeans company reported results for the fiscal first quarter of 2025 ending in March.

Revenue edged up to $1.53 billion from $1.48 billion, net income came in at $135.0 million compared to a loss of $10.6 million, and diluted earnings per share were 34 cents compared to a loss of 3 cents a year ago.

The company returned approximately $81 million to shareholders in the first quarter, a 12% increase over the prior year, including dividends of $51 million and share repurchases of $30 million.

As of March 2, Levi’s had $560 million remaining under its current share repurchase authorization, which has no expiration date.

The company proposed a cash dividend of 13 cents per share, totaling approximately $51 million, payable on May 9 to shareholders on record as of April 24.

Excluding the impact from the recently announced tariffs, the company guided for fiscal 2025 organic net revenue growth to be between 3.5% and 4.5%, reported net revenue down 1% to 2%, compared to $6.35 billion in 2024, and adjusted earnings per share between $1.20 and $1.25, compared to $1.25 in 2024.

Greenbrier Companies Inc. dropped 4.7% to $42.63 after the supplier of equipment and services to the freight transportation markets reported results for the fiscal second quarter ending in February.

Revenue declined to $762.1 million from $862.7 million, net earnings jumped to $51.9 million from $33.4 million, and diluted earnings per share rose to $1.56 from $1.033 a year ago.

The dividend in the quarter was 30 cents per share, unchanged from a year earlier.

The company lowered its guidance for fiscal 2025 and expects revenue to be between $3.15 billion and $3.35 billion, compared to $3.54 billion in 2024 and compared to its previous estimate of $3.35 billion to $3.65 billion.

Greenbrier increased its quarterly dividend by 7% to 32 cents per share, payable on May 13 to shareholders on record as of April 22, representing the 44th consecutive quarterly dividend.

The company guided for a lower number of railcar deliveries in 2025, now expecting deliveries to be between 21,500 and 23,500 units, compared to 23,700 in 2024, and compared to the company’s previous forecast for 22,500 to 25,000 units.

Dave & Buster’s Entertainment Inc. gained 1.5% to $16.43 after the entertainment and dining company reported results for the fiscal fourth quarter of 2024 ending in February.

Revenue edged down to $534.5 million from $599.1 million, net income slumped to $9.3 million from $36.2 million, and diluted earnings per share dropped to 24 cents from 88 cents a year ago.

Comparable store sales decreased 9.4% in the quarter and 7.2% in the full year 2024.

The company opened five new stores in the fourth quarter.

For the full year, revenue declined to $2.13 billion from $2.20 billion, net income dropped to $58.3 million from $126.9 million, and diluted earnings per share fell to $1.46 from $2.88 a year earlier.

The company repurchased approximately 5 million shares in fiscal 2024, totaling $172.0 million, and one million shares to date in 2025, totaling $23.9 million.

As of April 7, the remaining share repurchase authorization is approximately $104 million.